Scancell Holdings (SCLP)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

9.88p
   
  • Change Today:
      0.18p
  • 52 Week High: 17.00p
  • 52 Week Low: 8.15p
  • Currency: UK Pounds
  • Shares Issued: 927.98m
  • Volume: 214,593
  • Market Cap: £91.64m

Scancell approved to raise dose on cancer vaccine trials

Date: Wednesday 12 Dec 2012

LONDON (ShareCast) - AIM-listed Scancell, the developer of therapeutic cancer vaccines, has announced that two key medical regulation bodies have given approval for a higher dose to be allowed in the company’s latest trials on a vaccine to treat melanoma.

The Gene Therapy Advisory Committee and the Medicines and Healthcare Products Regulatory Agency’s (MHRA) Medicines Division gave their approval for Scancell to dose an extra group of patients with a higher, 8mg, dose of SCIB1, its DNA ImmunoBody vaccine being developed for the treatment of melanoma.

Scancell is planning to start treating patients with the 8mg dose in the new year.

This update follows the announcement made by Scancell on December 6th 2012, of preliminary results from Part 1 of the Phase 1/2 clinical trial of SCIB1 in patients with Stage III/IV malignant melanoma.

In view of the encouraging results and minimal side effects seen with the 4mg dose, the company stated that it intended to evaluate an 8mg dose in parallel with Part 2 of the Phase1/2 study.

Part 2 of the study continues to be on track to be completed by the end of 2013. A successful outcome, if achieved, would confirm the potential of SCIB1 as a new cancer treatment as well as validating the Immunobody platform technology.

Professor Lindy Durrant, Joint Chief Executive Officer of Scancell, commented: "This approval from GTAC and MHRA provides Scancell with the opportunity to determine whether a higher dose of SCIB1 would be even more effective in inducing immune response and clinical benefit in late stage melanoma patients."

Scancell’s share price was up 2.06% to 49.50p at 12:26 on Wednesday afternoon.

MF

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SCLP Market Data

Currency UK Pounds
Share Price 9.88p
Change Today 0.18p
% Change 1.80 %
52 Week High 17.00p
52 Week Low 8.15p
Volume 214,593
Shares Issued 927.98m
Market Cap £91.64m

SCLP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
9.63% below the market average9.63% below the market average9.63% below the market average9.63% below the market average9.63% below the market average
1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average
Price Trend
61.99% below the market average61.99% below the market average61.99% below the market average61.99% below the market average61.99% below the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SCLP Dividends

No dividends found

Trades for 10-May-2024

Time Volume / Share Price
11:20 2,944 @ 10.19p
11:02 981 @ 10.19p
09:16 4,121 @ 10.19p
09:12 100,000 @ 9.65p
08:38 54,408 @ 10.19p

SCLP Key Personnel

CEO Lindy Durrant
CFO Sath Nirmalananthan

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